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British Airways
is to appoint Willie Walsh as its new chief executive officer.
Mr Walsh, previously CEO of Aer Lingus, begins as chief executive designate on May 3. Rod Eddington will retire at the end of September at which stage Mr Walsh will
become chief executive.
Martin Broughton, the airline’s chairman,
said, “Willie has an outstanding reputation in the airline industry around the world for the way in which he transformed the
fortunes of Aer Lingus from a high-cost underperforming carrier into a successful and profitable entity.
“Many commentators have rightly said that Rod Eddington will be a hard act to follow but I am completely confident that in Willie we have captured the very best person
for the job.
“Rod has performed miracles at British Airways and he will leave us with the best wishes of the board, the workforce and our shareholders. Rod has transformed our
business beyond recognition through his determined focus to drive out costs whilst ensuring the airline never loses sight of the highest standards of customer service.”
Willie Walsh
added, “This is an outstanding opportunity to be at the helm of what many people see as the best airline in the world and I’m very excited at the prospect of
joining the team.”
Irish-born Willie Walsh, 43, joined Aer Lingus as a 17 year old cadet pilot in 1979 and worked through the ranks to become a captain in 1990.
He was appointed as CEO of Futura, Aer Lingus’ charter airline in Spain in 1998. Willie returned to Dublin as Aer Lingus’ chief operating officer in 2000 and became CEO
in the aftermath of 9/11.
Married with one nine year old daughter, Willie has an MSc in management and business administration from Trinity College, Dublin which he undertook whilst working
as a pilot for Aer Lingus.
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